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Nippon Electric Glass aims for 10% profit margin by 2018

Nippon Electric Glass seeks to boost its operating profit margin to 10% by the year ending December 2018, up from about 3% last year, President Motoharu Matsumoto told The Nikkei.

The Japanese manufacturer aims to achieve the target by expanding sales of glass fibers used in autoparts.Read more at: asia.nikkei.com/Markets/Tokyo-Market/Nippon-Electric-Glass-aims-for-10-profit-margin-by-2018Nippon Electric Glass seeks to boost its operating profit margin to 10% by the year ending December 2018, up from about 3% last year, President Motoharu Matsumoto told The Nikkei.

The Japanese manufacturer aims to achieve the target by expanding sales of glass fibers used in autoparts.

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